Nalco Acquires Texo Corp., Strengthens Water Treatment Chemicals Market Presence

Nalco Chemical Co., a leading water treatment and process chemicals manufacturer, announced the acquisition of Texo Corp., a specialty and performance chemicals manufacturer, in a move to further penetrate new and existing markets. Texo's products, including cleaners, sanitizers, and finishing compounds, will complement Nalco's offerings and expand its customer base in the eastern United States and Canada. This strategic move aims to enhance Nalco's market presence and better serve its customers.

Key Takeaways:

• Nalco Chemical Co. acquired Texo Corp., a specialty and performance chemicals manufacturer, in a move to expand its market presence and offerings.
• Texo's annual sales exceed $30 million, offering Nalco a significant boost in revenue.
• Texo's products, including cleaners, sanitizers, and finishing compounds, will complement Nalco's existing water treatment and process chemicals portfolio.
• The acquisition is expected to help Nalco penetrate new and existing markets, particularly in the eastern United States and Canada.
• Cincinnati-based Texo Corp.'s customers will benefit from Nalco's expanded capabilities and customer support.
• The acquisition is a strategic move by Nalco to enhance its market presence and competitiveness in the water treatment chemicals industry.
• Texo's products and customers will be integrated into Nalco's existing operations, providing a seamless transition for customers.

Statistics:

• Texo Corp.'s annual sales exceed $30 million.
• Nalco Chemical Co. expects the acquisition to further penetrate new and existing markets.
• The acquisition is expected to expand Nalco's customer base in the eastern United States and Canada.
• The deal's terms were not disclosed.

Sources:

• "Nalco Chemical Co. acquires Texo Corp." (no publication date available)
• "Nalco Chemical Co. Announces Acquisition of Texo Corp." (no publication date available)